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Showing posts with the label Starbucks Korea

Just my thoughts #0815

Optimization: Adjusting something to reach its best state for a specific purpose. We often think that the fastest and strongest options are the best. The fastest way down a slope isn’t a straight line, but a parabola that naturally connects high and low points. A sniper can cause more lethal wounds at 400 meters than at 200 meters. Although the bullet travels faster at 200 meters, the wound size isn’t as large, and at 400 meters, the slower-moving bullet over a longer distance causes more friction as it passes through the wound, resulting in more severe injuries. In every situation, there is an optimal choice suited to the goal. Trial and error are useful for finding this optimization. - Joseph’s “just my thoughts”

Just my thoughts #0534

To be in debt is to draw the future into the present and consume it. Thus, living in debt leads to an empty future. The future becomes bright only by filling that void. However, some individuals sell time to people by pulling the future into the present. Starbucks Korea does this. The company requires customers to pay in advance for coffee they have not yet purchased through the membership program . Korean customers pay for coffee today, trusting that Starbucks will serve it in the future. Without this trust, no customer would pay in advance. Therefore, credit holds significant importance in economic principles and serves as the foundation on which the economy operates. After understanding the attribution and essence of the counter-presentations ( the object of transaction and consideration ) linked to debt, the wealthy utilize debt to their advantage. Starbucks Korea becomes a debtor to customers who pay for coffee in advance; however, even though it must provide coffee in the fu...